Commercial Real Estate Direct Staff Report An affiliate of Keech Properties has paid $478 million, or $250,261/unit, for the 191-unit Astor at Osborn apartment property in Phoenix The Redwood City, Calif, company acquired the property, at 3300 North...
FrontRange Capital Partners has lined up $7483 million of Freddie Mac financing against the 220-unit EVO St Petersburg apartment property in St Petersburg, Fla Walker & Dunlop arranged the fixed-rate loan on behalf of the Denver private equity...
South Florida Business Journal Related Group has lined up $167 million of financing for Gallery at Lummus Parc, a 257-unit apartment project that’s under construction just west of downtown Miami The financing includes an $80 million...
The modification of the $425 million mortgage against the 119 million-square-foot JACX office complex atop the Queens Plaza commuter hub in Queens, NY, has been completed, with its term extended by at least three years to September...
Commercial Property Executive PCCP has provided $683 million of financing against Palm Gateway Logistics Center, a 614,544-square-foot industrial park in Mesa, Ariz The financing allows the property’s owner, Logistics Property Co, to take out...
Underwriters led by JPMorgan Securities are preparing to launch a massive single-borrower CMBS transaction that would allow for the refinancing of a $177 billion debt package against the 178 million-square-foot office building at 245 Park Ave in...
MetLife Investment Management has provided $354 million of financing for the construction of a 150,000-square-foot flex/research and development property at 161 Concord Road in the Boston suburb of Billerica, Mass The property is being developed by...
Commercial Real Estate Direct Staff Report BAM Capital has paid $5778 million, or $172,994/unit, for the 334-unit Marling at Town Creek apartment complex in the Wilmington, NC, suburb of Leland, NC The Indianapolis investment manager, an affiliate...
Crain’s Chicago Business Lululemon has agreed to lease 12,000 square feet of retail space at the base of Tribune Tower, a 162-unit condominium property along Chicago’s Magnificent Mile, a popular retail corridor The athletic apparel...
Crain’s Chicago Business Nuveen has paid $91 million, or $473,958/unit, for the 192-unit apartment complex at 255 North Addison Ave in the Chicago suburb of Elmhurst, Ill The New York investment manager acquired the property from its...
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